Tether enters the cryptocurrency venture capital fund, diversifying its operations into the core strategic USDT behind it

Tether, the largest stablecoin USDT issuance company in terms of market capitalization, recently announced a $2 million investment in the Arcanum Emerging Technologies Fund II, a tokenized investment vehicle focusing on Decentralization Web3 projects, under Arcanum Capital. The fund primarily invests in enhancing remittances, cross-border payments, privacy technology, and blockchain technology providing financial services for the unbanked population. Paolo Ardoino, the CEO of Tether, emphasized the company's core strategy of diversification, aiming to deepen this strategy by 2025. In addition to the recent investment, Tether has been diversifying its portfolio across various sectors, including agriculture, mineral tokenization proposals, energy trading, the launch of Hadron tokenization platform, and a strategic investment in the video platform Rumble. Moreover, Tether has established four business units focusing on data/AI, finance, energy, and education, aiming to professionalize and specialize the expansion in these areas.